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Facebook’s big federal fine could just be the beginningND
Barbara Ortutay & Marcy Gordon, The Sydney Morning Herald, Sunday 28th July 2019
Although Facebook just received a record $US5 billion fine from the Federal Trade Commission (FTC), senior management should expect more investigations and regulations to affect the tech giant, according to analysts. Facebook is still facing numerous probes around the world, and the FTC recently announced that the tech giant will be facing an investigation into anti-competitive behaviour that will inevitably change the way it does business. In a post, CEO Mark Zuckerberg said Facebook will "make some major structural changes to how we build products and run this company" as a result of the settlement.
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